Meiwu Technology stock, specialty retail

Meiwu Technology files Hemeitong figures: what USD 35,106,574 means for Meiwu Technology stock

Published on 10/21/2026 at 01:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hemeitong posted USD 7.81 million revenue and USD 0.99 million net income in seven months. This matters for Meiwu Technology stock.

Acquisition and financial warning

Meiwu Technology completed the Hemeitong acquisition for USD 35,106,574 in cash on September 22, 2026.
Hemeitong generated USD 7,805,573 in revenue and USD 991,383 in net income during the seven months ended July 31, 2026.
Meiwu Technology had a market capitalization of USD 59.0 million on October 20, 2026.

Meiwu Technology stock, specialty retail, Hemeitong acquisition, SEC filing, Nasdaq, Illustration mit AI erstellt.

Meiwu Technology's Hemeitong acquisition involved USD 35,106,574 in cash, according to StockTitan. The amended Form 6-K dated October 2, 2026 added financial statements for the acquired business and a going-concern warning from its auditor.

Three dates define the deal

On August 20, 2026, Meiwu's subsidiary signed the equity transfer agreement for 100 percent of Xiamen Hemeitong. On September 22, 2026, the subsidiary completed the purchase for USD 35,106,574 in cash, as The Globe and Mail reported. On October 2, 2026, the filing added the acquired company's audited 2025 accounts and pro forma figures.

What does the deal add?

Hemeitong reported USD 4,737,172 in revenue for fiscal year 2025, versus USD 1,376,032 in fiscal year 2024, an increase of 244.26 percent. It also swung from a USD 133,520 net loss in fiscal year 2024 to USD 274,798 in net income in fiscal year 2025, according to StockTitan.

The 2026 interim figures were stronger: revenue reached USD 7,805,573 and net income USD 991,383 for the seven months ended July 31, 2026. The counterweight is financial risk. Hemeitong had USD 2,558 in cash and a USD 52,840 net working capital deficit at December 31, 2025, prompting substantial doubt about its ability to continue as a going concern.

Next reporting date

The next earnings date is listed as November 4, 2026 by TrendSpider. That report will indicate how the acquisition enters Meiwu's consolidated results.

Stock valuation and trading

Meiwu Technology had a market capitalization of USD 59.0 million on October 20, 2026. WNW was last at USD 2.30 on Nasdaq on October 20, 2026 at 9:30 a.m. ET, placing the acquisition value at a material scale relative to the equity valuation.